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Find similar grantsPart of the State Small Business Credit Initiative (SSBCI), the DELPP assists small businesses that don't have easy access to loan products or don't qualify for traditional loans.
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Or search similar grants →According to the current listing, eligibility includes: Small businesses operating in Delaware that plan to use funds for an industrial, commercial, or agricultural endeavor and are having challenges getting a traditional bank loan, as well as those owned by socially and eco…. Confirm the full requirements in the official notice before applying.
The current listing shows loans typically ranging from $150,000 to $2.5 million. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Delaware Loan Participation Program (DELPP) is funded by Delaware Division of Small Business (administered under the State Small Business Credit Initiative - SSBCI). Verify program details on the funder's official page before applying.
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State Small Business Credit Initiative (SSBCI) – Delaware Loan Participation Program (DELPP) is a grant-backed loan program from Delaware's Division of Small Business that helps small businesses access financing they might not otherwise qualify for. Under DELPP, the state provides a portion of the loan amount to a participating lender, enabling small businesses to obtain 5–10-year loans for growth and expansion. Delaware received $60.9 million in SSBCI funds from the U.S. Treasury to administer multiple programs. Eligible applicants are Delaware-based small businesses, particularly those owned by socially or economically disadvantaged individuals, who face barriers accessing traditional bank financing. Loan amounts vary based on lender and project.
Grants and Loans to Delaware Businesses and Organizations to Promote Economic Development is sponsored by State of Delaware. Grants and loans are offered to Delaware businesses and organizations that demonstrate the potential to create job growth within the State. Applicants should contact the funder to discuss project eligibility prior to applying.
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